Page 18 - Capex

Lack of near-term triggers to cap upsides in Aurobindo Pharma

Upsides from capex and investments across segments are at least three years away

Spanish sanitaryware firm Roca plans Rs 50-cr capital expenditure in India

The company will invest about Rs 50 crore in expansion while planning a greenfield project in 2024-25 in India

Dr Reddy's lines up Rs 1,000 cr capex for current fiscal on growth outlook

Dr Reddy's Laboratories has earmarked a Capex of around Rs 1,000 crore for the current fiscal as it remains positive about sustaining its growth trends in the current fiscal, top company official said

Jindal Steel opens capex window amid continued deleveraging plans

To double capacity via internal accruals with eye on debt/EBITDA ratio

Covid shaves off a 5th of ONGC capex in FY21; downstream firms exceed target

Coronavirus-related restrictions delayed ONGC projects but fuel marketers like IOC exceeded targeted capital spending, a government report showed

New capex to drive Prestige Estates' rental portfolio scale up

The company is expected to be debt free by the end of June quarter

Saudi Aramco to cut capex after 2020 profit drops 44.4% over low oil prices

Aramco declared a dividend of $75 billion for 2020 and signalled it was seeing pickup in oil demand

L&T, ABB India: Analysts bet on capex-related plays amid economic revival

"Valuations for consumption stocks now appear stretched while the industrials sector still trades at historical averages," wrote Amish Shah of BofA Securities

Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Hindalco jumps 4% as firm unveils capital allocation framework

The company expects to generate over $1-1.2 billion cash flow per annum post its normal working capital and maintenance capex

60% of govt 'spending spree' inevitably goes towards committed outlay

With schemes like MGNREGA and cash support via PM-KISAN given priority in allocation from the remainder, govt is forced to dip into capital receipts from disinvestment and borrow from the market

Two-wheeler makers plan to resume capital expenditure plans in FY22

This will come as a boost for the government, seeking private sector capex

Do not foresee material change in Capex profile with 5G: Airtel CEO

Bharti Airtel recently declared that its network is 5G-ready

Adani, GMR among others in fray for redeveloping New Delhi railway station

The station Redevelopment is a flagship project of Rail Land Development Authority, involving $680 million capex

Budget bets big on growth: FM squeezes subsidies, raises capex again

Asset sale to get Rs 1.75 trillion; transparent budgeting gets a leg-up

Budget share of capital expenditure highest in decade, aims for investments

Public spending push is expected to help push growth after pandemic slowdown in investments

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

Scope for tax concession limited in Budget, higher capex may be focus: EY

Srivastava said the fiscal deficit in the current fiscal is likely to be between 6.5-7 per cent

Capex plans alive even during Covid-19; BSE100 firms add Rs 55K-cr assets

BSE100 firms add Rs 55K-cr assets amid pandemic, per Deloitte-Business Standard analysis

Companies shelve capex plans on pandemic blow, new projects decline 88%

Completed projects are down 74.3 per cent to Rs 43,000 crore